255 Fairfield AvenueStamfordCT06902
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Stamford at 255 Fairfield Avenue, Stamford, CT, 06902 with 5% annual appreciation on a $965,000 basis while $3,634/mo rent supports operations. 01% in year one. Equity gained on principal adds $6,227/yr, and five-year appreciation sums $266,612 alongside rental yield of 4.52%. Five-year ROI measures 45.18% and total cumulative return in cash totals $143,455. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,634/mo property income versus a $4,723/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1911
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06902, Stamford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,265 (100%) |
| Owner Occupied HU | 11,101 (35.5%) |
| Renter Occupied HU | 18,435 (59.0%) |
| Vacant Housing Units | 1,729 ( 5.5%) |
| Median Home Value | $632,932 |
| Average Home Value | $741,180 |
Housing Distribution
Address Breakdown
Residential
27,231
Single Family
16,684
Multi-Family
10,547
Businesses
1,798
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Listed by: Sherranda Harris • YellowBrick Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114144
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.